Many people operate certain cryptocurrencies with an overly simplistic mindset. They always think that if the market maker pulls the price up and no one takes over, they will be trapped. This is simply too naive in the crypto market. In this circle, capital concentration and control are standard operations——the market maker's strategy is never based on spot trading, but relies on contracts as the tool to harvest profits. to @E5@ percentage of funding rate, how many days can you withstand? The simultaneous explosion of long and short positions is also a common trick.

Many people still focus on the small trading volume in the spot pool, fantasizing that market makers profit from the spot side, but they often don't realize that this phenomenon usually only occurs at the end of a trend. As for betting on a rise and inevitably falling? In a carefully controlled market, price movements are not decided by retail investors at all. If you still insist on the single-thread logic of "there will always be a downturn," the game rules have already been unfavorable to you from the moment you entered.

If you want to survive longer in this market, you must first recognize the reality——control and manipulation are real, funding fees are costs, and risks are always present. Rational assessment is the way to survive; naive gambling mentalities will only accelerate your exit.